We’re innovating, now we need to monetize: Kiran Mazumdar-Shaw
5 years, 1 month ago

We’re innovating, now we need to monetize: Kiran Mazumdar-Shaw

Live Mint  

2020 once seemed futuristic, a year by when our world would be transformed. We start with Biocon chairperson Kiran Mazumdar-Shaw, who tells Mint her five ideas to take India to a leadership position in life sciences technology. Gene therapy for all India could become a global hub for affordable, high-end therapies if we invest in gene and cell therapy and gene editing technology. Gene editing technology has helped accelerate innovation not just in life sciences, but across industries such as food, agriculture, energy and defence. Data for mass change Digital technologies are transforming businesses and India needs more of these to transform its life sciences and biotechnology businesses.

Technology India Gene Therapy  life  need  research  india  gene  therapy  needs  sciences  global  technologies  technology  mazumdarshaw  kiran  monetize  innovating

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Japanese biopharma firm Takeda to hire 750 techies in India
13 hours, 19 minutes ago

Japanese biopharma firm Takeda to hire 750 techies in India

The Hindu  

Takeda, a Japanese biopharmaceutical firm, on Wednesday said it would hire 750 deeptech professionals in calendar 2025 to be deployed at its newly set-up Innovation Capability Centre in Bengaluru. The launch of Bengaluru ICC was a pivotal moment for Takeda’s digital transformation journey globally, said Gabriele Ricci, Chief Data and Technology Officer, Takeda, in a media conference. ‘’It represents Takeda’s …

Strategic impacts of India's biotech revolution on global pharma
1 month, 1 week ago

Strategic impacts of India's biotech revolution on global pharma

Hindustan Times  

For decades, strategists and futurists envisioned a 21st-century revolution fuelled by biological and health technologies. With a strong foundation in research, innovation, and government support, India’s biotechnology sector has emerged as a critical player on the global stage. This shift towards self-reliance through biotechnology will significantly reduce India’s vulnerability to global supply chain disruptions and enhance its health security. These …

Bio-RIDE scheme: Union Cabinet gives the nod to support R&D in biotechnology
3 months, 4 weeks ago

Bio-RIDE scheme: Union Cabinet gives the nod to support R&D in biotechnology

The Hindu  

The Union Cabinet approved the Biotechnology Research Innovation and Entrepreneurship Development scheme to support cutting-edge research and development in biotechnology on Wednesday. “Bio-RIDE combines two existing schemes — Biotechnology Research and Development and Industrial and Entrepreneurship Development — with a new component, ‘Bio-manufacturing and Bio-foundry’,” an official statement said. “The Bio-RIDE scheme is designed to foster innovation, promote bio-entrepreneurship, and …

Honourable mention for bioeconomy in Interim Budget, with trillion-dollar potential in mind
11 months, 2 weeks ago

Honourable mention for bioeconomy in Interim Budget, with trillion-dollar potential in mind

The Hindu  

In her speech for the 2024-2025 Budget, Finance Minister Nirmala Sitharaman spoke of “a new scheme of bio-manufacturing and bio-foundry” to provide “environment-friendly alternatives such as biodegradable polymers, bio-plastics, bio-pharmaceuticals and bio-agri-inputs”. Budget 2024 updates “The way to upskill India’s bio-science sector is to put money into bio-manufacturing and not only prioritise research,” Shambhavi Naik, a researcher at The Takshashila …

How India can unlock its scientific potential
11 months, 4 weeks ago

How India can unlock its scientific potential

The Economist  

I ndia’s government wants the country to surpass the World Bank’s high-income threshold by 2047, a century after its independence from Britain. Becoming a world-class scientific player will help to solve India’s most pressing challenges, such as improving sanitation and poor air quality. The applications from a booming scientific field—from vaccines to rockets—will also generate new industries, ensuring that the …

Rise of the Indian biopharma industry
1 year, 1 month ago

Rise of the Indian biopharma industry

Hindustan Times  

India is poised for a breakthrough in becoming the global leader in the biopharma sector. Over the past decade, the Indian biopharma industry has experienced a notable rise in its valuation, with the Covid-19 pandemic providing an all-important boost to the industry. Similarly, the Indian vaccines industry has also left an indelible mark on the global healthcare map, with experts …

Transforming India’s research landscape
1 year, 4 months ago

Transforming India’s research landscape

Hindustan Times  

Today, the world is taken aback by India’s amazing scientific potential and prowess that was dormant and unnoticed, but was waiting to emerge whenever provided with an enabling milieu and supportive leadership. As per the Science and Engineering Research Board data, averaged over the last 10 years, nearly 65% of total research funds are being given to institutions of national …

Three-day BioAsia 2023 begins today
1 year, 10 months ago

Three-day BioAsia 2023 begins today

Deccan Chronicle  

HYDERABAD: The stage is all set for the 20th edition of the three-day BioAsia, the continent’s largest life-sciences and healthcare forum, which is being hosted by the state government at HICC here on Friday. Rama Rao will inaugurate BioAsia 2023 convention and will pitch for Hyderabad as the 'global pharma and life sciences hub'. The BioAsia 2023 will feature top …

40% of life sciences market lies in innovation-based products: Union Health Minister
1 year, 11 months ago

40% of life sciences market lies in innovation-based products: Union Health Minister

The Hindu  

Union Health Minister Mansukh Mandaviya said that a large share of global value capture, nearly 40% of a market of $6.65 trillion, in the life sciences sector lies in innovation-based products. The purpose of the meeting was to establish an affordable and accessible life sciences ecosystem, identify the gaps in the life sciences industry, extend opportunities for knowledge exchange and …

BioAsia 2023 forum to discuss challenges & opportunities in Life Science post-COVID
2 years ago

BioAsia 2023 forum to discuss challenges & opportunities in Life Science post-COVID

Deccan Chronicle  

HYDERABAD: The pandemic has brought into sharp focus the critical need for industry, academia, governments, regulators, and other stakeholders in the ecosystem to intensify their collaboration for ensuring healthcare innovation at scale and delivery with equitable access. In this context, the 20th edition of BioAsia - the marquee healthcare and Life Sciences event, organized by the Government of Telangana, will …

How innovation in science, technology can pave the way for an Atmanirbhar Bharat
2 years, 5 months ago

How innovation in science, technology can pave the way for an Atmanirbhar Bharat

Live Mint  

As India celebrates its 75th year of independence, it reminds us of the sacrifices made by unsung heroes and is a good way to remember to forge a nation built on strength and solidarity, to work towards a prosperous India. In order to realise the true economic potential, India must pay heed to the role that science and technology play …

‘India lags behind Asian peers in science investment’
3 years, 7 months ago

‘India lags behind Asian peers in science investment’

The Hindu  

When it comes to making investments in science and innovation, India lags behind not only the West but also Asian countries like China, Taiwan, Japan, South Korea, and Singapore, said Nobel laureate Dr. Venki Ramakrishnan at MRC Laboratory of Molecular Biology, Cambridge, U.K. “No country can prosper in the 21st century without being a technologically advanced, knowledge-based society. This requires …

India's research and development sector funding for science, technology is stagnant: Quō vādis?
4 years, 1 month ago

India's research and development sector funding for science, technology is stagnant: Quō vādis?

Firstpost  

Looking at India’s problems of farm productivity, public health, renewable energy, something isnt’ right if the departments involved are contributing only a quarter of the already low GERD. Even in the Central Government GERD, 93 percent GERD contribution of Central government was incurred by 12 major scientific agencies_,_ of which the Defence Research and Development Organization accounted for the biggest …

Lessons from a neighbour
6 years, 3 months ago

Lessons from a neighbour

The Hindu  

The world has witnessed a transformation in health care during the last century. In 2015, China began reforms that grew out of the nation’s aspiration toward greater competitiveness and a desire to become a leader in global drug innovation. While China’s growth has slowed, it will still outstrip the major Western economies at 6% through 2022, compared with the 2% …

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